James G. Jones II - May 18, 2021 Form 4 Insider Report for Spark Energy, Inc. (VIASP)

Role
Chief Financial Officer
Signature
/s/ James G. Jones II, by Dominique R. Colvard, Attorney-in-Fact
Stock symbol
VIASP
Transactions as of
May 18, 2021
Transactions value $
-$43,121
Form type
4
Date filed
5/20/2021, 05:06 PM
Next filing
Jun 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VIASP Class A Common Stock Options Exercise $0 +10.7K +22.39% $0.00 58.6K May 18, 2021 Direct F1
transaction VIASP Class A Common Stock Tax liability -$28.7K -2.68K -4.57% $10.70 55.9K May 18, 2021 Direct F2
transaction VIASP Class A Common Stock Options Exercise $0 +5.39K +9.63% $0.00 61.3K May 18, 2021 Direct F3
transaction VIASP Class A Common Stock Tax liability -$14.4K -1.35K -2.2% $10.70 60K May 18, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VIASP Restricted Stock Unit Options Exercise $0 -10.7K -26.09% $0.00 30.4K May 18, 2021 Class A Common Stock 10.7K Direct F4, F5, F6
transaction VIASP Restricted Stock Unit Options Exercise $0 -5.39K -30.77% $0.00 12.1K May 18, 2021 Class A Common Stock 5.39K Direct F4, F6, F7
transaction VIASP Restricted Stock Unit Award $0 +52.2K $0.00 52.2K May 18, 2021 Class A Common Stock 52.2K Direct F4, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Class A Common Stock, par value $0.01 per share (the "Class A Common Stock"), reported represent shares issued as a result of vesting of 10,723 restricted stock units (the "Restricted Stock Units") on May 18, 2020.
F2 Payment for tax liability through the withholding of shares of Class A Common Stock in an amount equal to the requisite withholding obligation.
F3 The shares of Class A Common Stock reported represent shares issued as a result of vesting of 5,389 Restricted Stock Units on May 18, 2020.
F4 Each Restricted Stock Unit represents a right to receive, upon vesting, one share of Class A Common Stock, cash, or a combination of both. Each Restricted Stock Unit includes tandem dividend equivalents which will vest upon the same schedule as the underlying Restricted Stock Unit.
F5 These Restricted Stock Units vest ratably over four years beginning on May 18, 2021.
F6 Balance includes original grants of Restricted Stock Units and dividend equivalents issued in additional Restricted Stock Units.
F7 These Restricted Stock Units vest ratably over three years beginning on May 18, 2020.
F8 These Restricted Stock Units vest ratably over the next four years beginning on May 18, 2022.